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please answer asap Compute the price, today, of the following bond. The bond has semiannual coupon payments and a par value of $1,000. The bond
please answer asap
Compute the price, today, of the following bond. The bond has semiannual coupon payments and a par value of $1,000. The bond matures in 20 years, has a coupon rate of 5.4%, and has, today, a yield to maturity (YTM) of 8.0%. The bond price is For the answer: round to the nearest 0.01 cent; use comma to separate thousands; and do not use the dollar (\$) sign. Your Step by Step Solution
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